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Athens News Agency: News in English, 12-01-02
CONTENTS
[01] First quarter 2012 critical for Greece's stay in euro
[01] First quarter 2012 critical for Greece's stay in euro
AMNA-- Greece will either lower its standard of living, or it will exit
the euro and turn decades back, chairman of the Association of Greek
Banks and president of the National Bank of Greece (NBG) president
Vassilis Rapanos said on Monday, addressing an event at the Athens
Stock Exchange for the cutting of the traditional New Year cake.
Rapanos said that the first quarter of 2012 will be decisive for the
country, as Greece's continued stay in the euro or its departure from
the European common currency -- which would turn the country 20-25
years back -- will be determined.amna
The NBG president called on the political world to join forces, given
the crucial nature of the new year and the first quarter of 2012,
stressing that everyone must do their duty.
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